Can I sell Axie that I just bought?

Connect to your Ronin Wallet

Then navigate to the inventory tab. Your Axies will show up here. After you're in your inventory, click on the Axie you wish to sell. You have the option of selling your Axies at a fixed price or an auction.

Can I sell my Axie after buying it?

In the Marketplace, players can bring along their Axies and sell them in the form of an auction type called Clock auction: the seller set the Axie on auction with a start price, an end price and a duration. Over time, the price can go up or down from the start price to the end price, depends on the seller's intention.

Why can't i sell Axie in marketplace?

Solution for Stuck Axie

- Make sure your Ronin Wallet is up to date. - The signature to list Axie in the Marketplace now depends on your machine's clock to be in sync correctly with your timezone. You may check if your time is fully sync'd on https://time.is/ (~1.5s is acceptable).

Can I immediately play Axie after I bought them from marketplace or should I wait for 24 hrs?

Sending an Axie to a different account and playing it within the same day is punishable. Since you can manipulate your account's energy by passing Axies around, it is best that you wait for 24 hours upon gifting an Axie to avoid getting banned or conflicts with the Terms Of Use.

Is there a fee when selling Axie?

The Axie Marketplace fee is 5.25%, and it's paid by the seller. There's no fee for buyers. Of that fee amount, 4.25% is sent to the Community Treasury, and 1% is shared with the NFT's creator if there's a creator code. If there's no creator code, then the Community Treasury receives the full 5.25%.

How to SELL your AXIE in Marketplace | Beginner’s Guide | Axie Infinity Tutorial

What will happen if I release my Axie?

You can now send your Axies away and receive a limited edition land item and a chance to win amazing raffle prizes. Once you send your Axie away, it's gone forever and cannot be used in battle.

Can you lose your investment in Axie?

Reckless trading

You will definitely lose your Axie Infinity investment if you trade recklessly.

Is it okay to play Axie after gifting?

Using a recently gifted Axie

An Axie that was gifted from another account will not be eligible to earn SLP from arena for 24 hours after gifting. Just having one recently gifted Axie on the team will make the whole team ineligible.

Is buying Axie taxable?

Do I need to pay taxes when I buy an Axie? Yes. The IRS has made it clear that crypto-to-crypto transactions trigger a taxable event.

What is the most expensive Axie at sale?

The Mystic Axie has sold for 300 ETH, or currently 1.1 million USD.

How much is tax in Axie Marketplace?

Sky Mavis revealed yesterday that Axie Infinity's marketplace will bump the transaction fee from 4.25% to 5.25% beginning March 7. This will apply to all transactions on the Axie marketplace, which runs on Ronin, a custom sidechain scaling solution built on Ethereum.

How do Axie owners make money?

Axie Infinity requires that all new players purchase three monsters to get started. Since the cost can run into hundreds of dollars, Sky Mavis will lend players the monsters and collect a 30% interest fee once the player starts earning currency.

How do I cash out my AXS?

Is there a gas fee when buying Axie in marketplace?

You pay a fee to get ahead in the line. This fee is called a gas fee. The exact gas fee for the transaction is determined by demand and supply of the network miners. They can decline your transaction if the gas fee does not meet their demands, also the items you can buy on the Axie infinity Marketplace charge a fee.

How long does it take to profit from Axie Infinity?

Risks of Investing in Axie Infinity

If you only make about $10 to $15 a day playing the game, it will take 50 to 80 days of long hours to make up for the price of the NFTs. Remember that you can still sell the Axies later to recoup your investment if prices stay the same.

Is it too late to invest in Axie Infinity?

The answer is no. Just be careful what Axie you buy and then be prepared to put the time into the game to learn the cards and battle.

Why is Axie account getting banned?

Playing on more than one account in a 24 hour period. Creating a bot or, in some way automate playing the game. Engage in any practice that aims to manipulate the outcome of any Axie match, whether in the arena or tournaments.

Why is Axie declining?

As we can see the revenue from breeding is proportionate with the SLP price, and hence the decline can be attributed to the price decline of SLP and not necessarily a decline in game engagement. This price decline is the crux of the problem for Axie Infinity.

Why are Axie prices dropping?

On 7 November 2021, the price reached an all-time high of $160.36, but it has since fallen after new research revealed that the Axie Infinity game may be losing its user base. According to PlayerCount, 41% of Axie Infinity players are based in the Philippines.

Is buying an Axie a good investment?

In game utility

One quality that makes Axie Infinity a good investment opportunity, is the utility that the token has in powering the game. The game currently has over 2.8 million daily players, with a whopping $3.6 billion of AXS traded in game.

What is the downside of Axie Infinity?

SLP Volatility

The game is based on cryptocurrency and ALL crypto markets are volatile. It can rise and fall in ways that you wouldn't expect. Plan for this volatility if you plan to stay for a long time in Axie Infinity. Make sure you can pull your assets out at any time.

Is Axie good for long term?

The nature of the Axie Infinity universe at the moment means that you can get in and make money through different activities, but it appears to be most suitable for short-term investing.

Is transferring Axie bannable?

Sharing your account with another person is fine but only using one device. Multiple accounts for one PERSON is NOT ALLOWED and will result in BANNING your account. Multiple accounts for one DEVICE is NOT ALLOWED and will result in BANNING your account.